This checklist is designed to ensure that all aspects of treasury management are effectively monitored and controlled. It covers the management of cash, financial risks, and investments to maintain liquidity and optimize the financial position of the organization.
Review current cash balances and cash flow forecasts to determine available liquidity.
Evaluate weekly and monthly cash flow projections to identify potential shortfalls or surpluses.
Identify and assess potential investment opportunities to optimize returns on excess cash.
Analyze exposure to interest rate, currency, and liquidity risks; implement strategies to mitigate these risks.
Ensure proper banking relationships are maintained, including bank fees, services, and negotiation of terms.
Perform monthly reconciliations of all bank accounts to ensure accuracy of cash records.
Ensure that all treasury management policies and procedures are documented and kept up to date.
Generate regular reports on cash management, investment performance, and risk assessments to present to management.